87
87
Mar 4, 2014
03/14
by
CSPAN
tv
eye 87
favorite 0
quote 0
as a result obviously the deficit's a lot better with deficit reduction, which is what we are showing in our budget, than if you didn't have deficit reduction. which is what a budget baseline would show. there's some other technical differences between our outdear forecasts. they are mostly on the revenue ide not spending side. >> this is for anyone. do any of the participants know tax revisions vare frye from current law apart from the -- >> obviously we have a set of proposals in there, so one of he places where -- that's in our a -- assumed in our budget is that in the 2010 and 2012 budgets the president extended his increases for the refundibility in the child tax credit. the increases in the earned income tax credit for families for three children or more, and the marriage penalty. one of the president's innovation american opportunity tax credit was that a portion of that was also refundable. in the budget agreement those were extended for another five years, through 2017. we would assume that those are extended permanently. we believe very strongly in that if those were to expi
as a result obviously the deficit's a lot better with deficit reduction, which is what we are showing in our budget, than if you didn't have deficit reduction. which is what a budget baseline would show. there's some other technical differences between our outdear forecasts. they are mostly on the revenue ide not spending side. >> this is for anyone. do any of the participants know tax revisions vare frye from current law apart from the -- >> obviously we have a set of proposals in...
103
103
Mar 5, 2014
03/14
by
CSPAN
tv
eye 103
favorite 0
quote 0
at a time when our deficits are falling at the fastest rate in 60 years, we have to decide if we are going to keep squeezing the middle class or if we're going to continue to reduce the deficits responsibly, while taking steps to grow and strengthen the middle class. the american people have made clear time and again which approach they prefer. that is the approach my budget offers. that is why i am going to fight for it this year and in the years to come as president. thank you very much, everybody. michael? >> do you have any response to president putin's press conference this morning? is chancellor merkel right that he has lost touch with reality? have you spoken to him personally? >> i have not spoken to him since i spoke to him this past weekend. but obviously, me and my national security team have been watching events unfolding in ukraine very closely. i met with them again today. as many of you know, john kerry is in kiev as we speak, at my direction. he's expressing our full support for the ukrainian people. over the past several weeks, we've been working with our partners an
at a time when our deficits are falling at the fastest rate in 60 years, we have to decide if we are going to keep squeezing the middle class or if we're going to continue to reduce the deficits responsibly, while taking steps to grow and strengthen the middle class. the american people have made clear time and again which approach they prefer. that is the approach my budget offers. that is why i am going to fight for it this year and in the years to come as president. thank you very much,...
482
482
Mar 1, 2014
03/14
by
KQED
tv
eye 482
favorite 0
quote 0
he will take on other issues and we've got the health care fight, the deficit battle. he had a very difficult re-election. just a month before, he gave an interview with black enterprise magazine he said, i'm not the president of black america. he didn't want that idea that he was favoring one particular group. i did an interview before that election. and i found out that when he came down with his senior aids just week bfers he got re-elected, he had a yellow note pad. even if this wasn't an issue, he put criminal justice reform on there and he started pushing -- gwen: we've got to go. michael's more in story in "time magazine." >> we have to leave to give you a chance to support your local pbs station. but our conversation will continue online on the "washington week" web cast extra. it streams live at 8:30 and all ek long at pbs.org/washingtonweek. and that's where you'll find my take and why 1997 was such a big year for "washington week." we're accepting birthday wishes. we'll see you next week. good night. >> corporate funding for "washington week" is provided by
he will take on other issues and we've got the health care fight, the deficit battle. he had a very difficult re-election. just a month before, he gave an interview with black enterprise magazine he said, i'm not the president of black america. he didn't want that idea that he was favoring one particular group. i did an interview before that election. and i found out that when he came down with his senior aids just week bfers he got re-elected, he had a yellow note pad. even if this wasn't an...
100
100
Mar 4, 2014
03/14
by
CSPAN
tv
eye 100
favorite 0
quote 0
reducing deficits as a share of g.d.p. to 1.6% by 2024 and with regard to the issue of stabilizing our debt to g.d.p. ratio, that occurs in 2015, and then we start a declining path. the budget shows the president's vision for moving the country forward. it provides a responsible, balanced and concrete plan that can serve as a guide for congress and its work in the upcoming year. thank you. >> thank you. my role is to present the economic forecast that underpins the budget. the administration projects that economic growth will strengthen over the next several years as the economy continues to return to the full utilization of all its resources. the ongoing recovery will be aided by several factors. the overall shift of fiscal policy towards a more neutral stance, progress in household deleveraging, including gains in housing and stock market wealth and further potential for home building. this near-term recovery is consistent with c.b.o. which projects a similar pace of growth over the next three years. we assume that the g
reducing deficits as a share of g.d.p. to 1.6% by 2024 and with regard to the issue of stabilizing our debt to g.d.p. ratio, that occurs in 2015, and then we start a declining path. the budget shows the president's vision for moving the country forward. it provides a responsible, balanced and concrete plan that can serve as a guide for congress and its work in the upcoming year. thank you. >> thank you. my role is to present the economic forecast that underpins the budget. the...
117
117
Feb 27, 2014
02/14
by
FBC
tv
eye 117
favorite 0
quote 0
>> a real uphill battle, i think that jerry brown has proven he took a deficit now it is a surplus, rating agents have given us better marks. i think he is making progress in terms of environment and other issues. i question whether we need to devide the state to 6 pieces, but even if we did. the u.s. senate would have to approve the admission of 10 new senators. in to their body, diluting their power. why does senator from nevada or alabama or ohio want to give california 10 more senators? neil: his logic does make sense, at least base level, that is that it is a very big state. unwieldy state, in so far as interests and you know even physical connects are very desperate throughout the state, i don't know if that means you have to have 6 different states, but it makes it disfunctional. what do you make of that argument and why the 6 pieces? >> i don't know why the 6 pieces. we have north and south carolina, and north and south dakota, two states is possible, that was tried 1 in late 1850s, but. there is no way on earth that the u.s. congress is going to dilute its power and give more powe
>> a real uphill battle, i think that jerry brown has proven he took a deficit now it is a surplus, rating agents have given us better marks. i think he is making progress in terms of environment and other issues. i question whether we need to devide the state to 6 pieces, but even if we did. the u.s. senate would have to approve the admission of 10 new senators. in to their body, diluting their power. why does senator from nevada or alabama or ohio want to give california 10 more...
142
142
Mar 6, 2014
03/14
by
CSPAN2
tv
eye 142
favorite 0
quote 0
their plan called for the deficit $819 billion in 2013. what was the deficit for 2013? >> $680 billion. >> well, that is much less than what simpson bowles projected sit not? >> it is. >> so last year, 2013, president obama exceeded the deficit reduction goal of simpson bowles of $139 billion. am i correct? >> yes, sir. >> yes, sir i would have to look at what numbers they have at what years. >> do you know what the number will be? >> it is 2016 and it will be 531. gee have to look at these numbers. give the president and this administration some credit. i have been pretty tough on them. give them some cd. they did something else. they did something that bass wa positionti positive. but you are never going to give any credit to anybody except the pat on the back at the christmas party. superintendant th isn't that wonderful? >> does this plan raise the age for social security? >> no, sir. >> does it change the measure of inflation for social security? >> so this administration has managed to reduce the deficit in 2013 below bowles simpson to social security. >> so now w
their plan called for the deficit $819 billion in 2013. what was the deficit for 2013? >> $680 billion. >> well, that is much less than what simpson bowles projected sit not? >> it is. >> so last year, 2013, president obama exceeded the deficit reduction goal of simpson bowles of $139 billion. am i correct? >> yes, sir. >> yes, sir i would have to look at what numbers they have at what years. >> do you know what the number will be? >> it is 2016...
88
88
Mar 5, 2014
03/14
by
KCSM
tv
eye 88
favorite 0
quote 0
obama says the budget deficit will decline to five hundred sixty four billion dollars the lowest level in his presidency. we go to the side of the road you squeeze the middle class or for going to continue to reduce the deficit is responsible for all taking steps to grow and strengthen the middle class. republican house speaker john bain are strongly criticized the draft he said it was the most irresponsible. he said it would only increase spending and borrowing expanded governments and hurt the economy. a ban on exports of raw materials has pushed indonesia's trade balance into the red for the first time in three months indonesian officials say the trade deficit in january came to about four hundred thirty million dollars exports of about fourteen point four billion dollars compared with imports of fourteen point nine billion dollars. the country has long earn foreign currency by exploiting natural resources and mining law they came into effect in january slowed overseas shipments beloved and exports of nickel copper and other minerals that have not been processed. the idea is to enco
obama says the budget deficit will decline to five hundred sixty four billion dollars the lowest level in his presidency. we go to the side of the road you squeeze the middle class or for going to continue to reduce the deficit is responsible for all taking steps to grow and strengthen the middle class. republican house speaker john bain are strongly criticized the draft he said it was the most irresponsible. he said it would only increase spending and borrowing expanded governments and hurt...
67
67
Mar 5, 2014
03/14
by
CSPAN2
tv
eye 67
favorite 0
quote 0
it is deficit neutral. supporting what the president said in the state of the union, there is a series of programs to create jobs. it lays out $302 billion infrastructure proposal that is paid for with pro-growth tax. it strengthens the manufacture base and supports groundbreaking research to fight disease, protect the environment and develop new technology. it enhances the administration's management efforts to deliver a government that is more efficient and supportive of economic growth. and it will expand opportunity for all-americans. it doubles the maximum value of the earned income tax credit to encourage people to enter the workforce. and makes high quality preschool available to every four year old. and drive workforce training. it will focus on the primary drivers of long term debt and deficits. it builds on the forms of the affordable care act and continues to slow health care cost growth while improving the quality. it will curb tax breaks that benefit the wealthiest. it calls for pro-growth immi
it is deficit neutral. supporting what the president said in the state of the union, there is a series of programs to create jobs. it lays out $302 billion infrastructure proposal that is paid for with pro-growth tax. it strengthens the manufacture base and supports groundbreaking research to fight disease, protect the environment and develop new technology. it enhances the administration's management efforts to deliver a government that is more efficient and supportive of economic growth. and...
146
146
Mar 3, 2014
03/14
by
FOXNEWSW
tv
eye 146
favorite 0
quote 0
in other words, there was a slight decrease in the deficit. you would hope there would be a significant one. but the only reason there was was because he had a provision in there about a more accurate measure of inflation under the cpi and social security. we now hear that he's actually going to take that out of the budget at a time when social security has a $63 billion shortfall every year, at a time again when we're told by this nonpart sap congressional budget office things are getting worse, not better. so if he takes that out as apparently he'll do businessed on the leaks because it's partisan political year, he's not going to have any can he have deficit reduction. so if that is true, boy, again, this is not responsible.he have deficit reduction. so if that is true, boy, again, this is not responsible. this is not responsive to what is really happening. >> let me bring in congressman van hollen. what we're talking about by far the biggest part of the budget and that is entitlements. last year as part of the budget, the president include
in other words, there was a slight decrease in the deficit. you would hope there would be a significant one. but the only reason there was was because he had a provision in there about a more accurate measure of inflation under the cpi and social security. we now hear that he's actually going to take that out of the budget at a time when social security has a $63 billion shortfall every year, at a time again when we're told by this nonpart sap congressional budget office things are getting...
121
121
Feb 26, 2014
02/14
by
FBC
tv
eye 121
favorite 0
quote 0
neil: whenever with these deficits now in the dollar more that we spent with ever greasy with the deficits many argue this is the call before the benefits storm? >> there are two ways. one is mandatory spending with medicare and medicaid and social security in obamacare. second, we could have pro-growth tax reform and a structure to allow the economy to grow. neil: your party is good at playing these games that does little to sign onto the debt ceiling increase. on and on rigo. you need what you say those. >> but these are the facts the president to stop want to change the mandatory spending program. he does not want pro-growth tax reform failed wanted to have another government shutdown so what republicans had to do was a precautionary measure to stop the administratiin with their madness. it is the least of the bad options. neil: but you will give bin to take a mile and with all the new spending initiatives precisely because they have your number in baking keep spending because you were on the midterm election emprise then you will eventually do the things you wanted in the meantime isin
neil: whenever with these deficits now in the dollar more that we spent with ever greasy with the deficits many argue this is the call before the benefits storm? >> there are two ways. one is mandatory spending with medicare and medicaid and social security in obamacare. second, we could have pro-growth tax reform and a structure to allow the economy to grow. neil: your party is good at playing these games that does little to sign onto the debt ceiling increase. on and on rigo. you need...
168
168
Mar 5, 2014
03/14
by
CSPAN
tv
eye 168
favorite 0
quote 0
we applaud the fact there is over $200 billion of deficit reduction in the affordable care act if we can find additional savings and replace lost revenue, we are certainly open to that discussion. i rise in celebration of having width stood 50 repeal votes. we are ready for the next 50. we use these opportunities to highlight the american people on the benefits of the affordable care act. and to say we are ready to have a real discussion with republicans to exert our legislative privilege to make changes. in the absence of that we applaud the president in using the ability that is we gave him under the act to help make sure the affordable care act truly makes health care more affordable for american families. i reserve the balance of my time. the speaker pro tempore: the gentleman from colorado reserves. the gentleman from texas. mr. burgess: i yield myself two minutes. the speaker pro tempore: the gentleman is recognized, two minutes. mr. burgess: mr. speaker, here's the affordable care act. the president said it's the law of the land. how does it describe the effective date for the
we applaud the fact there is over $200 billion of deficit reduction in the affordable care act if we can find additional savings and replace lost revenue, we are certainly open to that discussion. i rise in celebration of having width stood 50 repeal votes. we are ready for the next 50. we use these opportunities to highlight the american people on the benefits of the affordable care act. and to say we are ready to have a real discussion with republicans to exert our legislative privilege to...
14
14
tv
eye 14
favorite 0
quote 0
the deficit because it's not about the deficit it was never about the deficit it's ideological it's about undoing the new deal exactly and do doing any progressive games and until they achieve those ends you'll keep hearing the deficit hawks come up and use that as an excuse for that yeah hopefully hopefully people will realize now that the deficit stuff is just a nonsense to be good enough to be a myth. all right more of tonight's big picture politics panel right after the break. to. see. if. we welcome aaron eight and abby martin to be terrific hosts on the our team network . it's going to give you a different perspective give me one stock tip i'll never i'll give you the information you make the decision don't worry about it i'll bring you the sub work of the mind it's a revolution of ideas and consciousness. with the system extremely all if you would be described as angry i think in a strong. single. live . live. live . live. in effect that means you can jump in anytime you want. welcome back with me for tonight's big picture politics panel are sam sax and ben cohen guys let's g
the deficit because it's not about the deficit it was never about the deficit it's ideological it's about undoing the new deal exactly and do doing any progressive games and until they achieve those ends you'll keep hearing the deficit hawks come up and use that as an excuse for that yeah hopefully hopefully people will realize now that the deficit stuff is just a nonsense to be good enough to be a myth. all right more of tonight's big picture politics panel right after the break. to. see. if....
154
154
Mar 4, 2014
03/14
by
BLOOMBERG
tv
eye 154
favorite 0
quote 0
interesting to look at and something i picked up that i thought was interesting, look at the deficit and the gdp ratio in the years ahead. that taking into account the entire budget will be put into play. this is not the case and people on both sides say that this is the case. you see the numbers going down 2.3%, the budget to gdp ratio is at precrisis levels. to gdp -- and this goes down $13 billion. nobody expects this budget to be put into place but projections are moving down on the deficit, which is why you see a president who is willing to go out there and talk about new spending ther years when the -- all talk in washington is about cuts. >> thank you, phil mattingly and peter cook, with the latest about the president and the secretary of state. >> we want to make sure we get a final few thoughts with oliver leavitt, who has a big week coming up. day.onal detox t >> national unplug day. i have been working with arianne huffington and i learned something interesting about our constant connections. morning,wake up in the and you start looking at your e-mail and your constantly c
interesting to look at and something i picked up that i thought was interesting, look at the deficit and the gdp ratio in the years ahead. that taking into account the entire budget will be put into play. this is not the case and people on both sides say that this is the case. you see the numbers going down 2.3%, the budget to gdp ratio is at precrisis levels. to gdp -- and this goes down $13 billion. nobody expects this budget to be put into place but projections are moving down on the...
107
107
Mar 5, 2014
03/14
by
CSPAN
tv
eye 107
favorite 0
quote 0
deficit --cting a last year's deficit was $680 billion. that was the first time in four years it was under a trillion. this year's deficit he rejects -- he projects it will be six or $49 billion and dropped to $564 billion. it does not deal with social security, medicare, medicaid programs that are growing me fastest. -- growing the fastest. the chained cpi reduction which year, on the table last something republicans have supported, he offered it only if republicans would agree to increase taxes on the wealthy. it is part of the grand bargain that washington has talked about for years. republicans do not want to go there. from thatled back issue. -- chairmanans have ryan has gone farther in the entitlement area, but it is ,ifficult for the president with his democratic base so type ofto any entitlement reform, unless they see higher taxes on the wealthy. we are in a standoff. spending? about what does he want to spend money on to try to grow the economy? package -- hes a has called it the opportunity growth and security fund. it would hit
deficit --cting a last year's deficit was $680 billion. that was the first time in four years it was under a trillion. this year's deficit he rejects -- he projects it will be six or $49 billion and dropped to $564 billion. it does not deal with social security, medicare, medicaid programs that are growing me fastest. -- growing the fastest. the chained cpi reduction which year, on the table last something republicans have supported, he offered it only if republicans would agree to increase...
94
94
Mar 6, 2014
03/14
by
CSPAN2
tv
eye 94
favorite 0
quote 0
it has run up record number of deficits. you are doing the opposite and having the opposite results. the revenue ratios are the same as the clinton administration's. >> he was reducing spending. swroo we are -- >> discretionary. >> yeah. >> we are talking about the entire budget which brings me to the final question. you propose no reforms. i'm curious how you plan on doing that? >> the trillion dollars that occurs has been implementation. >> we have to keep this thing runs. miss lee. >> thank you very much. i apologized. i had another meeting. things got dhchanged around. i tonight believe anyone has asked you yet about the oversass account. i believe this is a so called police station holder at this point. >> there are strategies as it relates to the draw down in afghanistan. i'm very concerned that the oco has become a slush fund of wasteful spending. the pentagon reserved money even though most troops are coming home. even though congress appropriated a total for war costs in oco, when are we going to be able to finally
it has run up record number of deficits. you are doing the opposite and having the opposite results. the revenue ratios are the same as the clinton administration's. >> he was reducing spending. swroo we are -- >> discretionary. >> yeah. >> we are talking about the entire budget which brings me to the final question. you propose no reforms. i'm curious how you plan on doing that? >> the trillion dollars that occurs has been implementation. >> we have to keep...
109
109
Mar 4, 2014
03/14
by
CSPAN
tv
eye 109
favorite 0
quote 0
at a time when our deficits are falling at the fastest rate in 60 years, we have to decide if we are going to keep squeezing the middle class, or continue to reduce the deficits responsibly, while taking steps to grow and strengthen the middle class. the american people have made clear time and again which approach they prefer. that is the approach my budget offers. that is why i am going to fight for it is here and in the years to come as president. thank you very much, everybody. michael? >> do you have any response to president putin's press conference? is chancellor merkel right that he has lost touch with reality? >> i have not spoken to him since i spoke to him this past weekend. but obviously, me and my national security team have been watching events unfolding in ukraine very closely. i met with them again today. as many of you know, john kerry is in key avenue as we speak, at my direction. as we speak, at my direction, with full support for the ukrainian people. we have been working with our partners and the imf to build support for a package that helps to stabilize ukraine'
at a time when our deficits are falling at the fastest rate in 60 years, we have to decide if we are going to keep squeezing the middle class, or continue to reduce the deficits responsibly, while taking steps to grow and strengthen the middle class. the american people have made clear time and again which approach they prefer. that is the approach my budget offers. that is why i am going to fight for it is here and in the years to come as president. thank you very much, everybody. michael?...
300
300
Feb 27, 2014
02/14
by
KGO
tv
eye 300
favorite 0
quote 0
were fathered by men older than 45, three-times the risk for autism. 13-times the risk for attention deficit disorder. 25-times the risk for bipolar. and twice the risk for schizophrenia. the risk was still very low. but your risk went up as your dads age. >> these are men over 45. and any conjecture about why? anything specific? >> reporter: this doesn't prove it's age. but we know that the older you are, the more mutations there are in your sperm. and that may be the link here. it doesn't mean that you should rush out and have your kids young. but you need to know that if you wait longer, there is a risk involved. >> fathers and mothers, something to think about tonight. thank you, rich. >>> it was an emotional day, as members of the kennedy family assembled in the courtroom in new york to support one of their own today. ethel kennedy, widow of rfk, listening, as her daughter, kerry, took the stand. her daughter on trial for driving under the influence of a sleeping aid. and today, vividly recalling her father, his death, and the mother who carried the family forward. abc's mara schiavocam
were fathered by men older than 45, three-times the risk for autism. 13-times the risk for attention deficit disorder. 25-times the risk for bipolar. and twice the risk for schizophrenia. the risk was still very low. but your risk went up as your dads age. >> these are men over 45. and any conjecture about why? anything specific? >> reporter: this doesn't prove it's age. but we know that the older you are, the more mutations there are in your sperm. and that may be the link here. it...
37
37
tv
eye 37
favorite 0
quote 0
the deficit because it's not about the deficit it was never about the deficit it's ideological it's about undoing the new deal exactly and do doing any progressive big. till they achieve those ends you'll keep hearing the deficit hawks come up and use that as an excuse for that and yeah hopefully hopefully people will realize now that the deficit stuff is just a nonsense to be good enough to beat them at all right more of tonight's big picture politics panel right after the break. got a code for years that's pretty tough. stay with substory. but if this guy like you would smear that guy stead of working for the people most issues the mainstream media are working for each other bribe writers vision to find . a good writer. if it was a. very hard to take. once again to come on here there's a play by patton that had sex with her thick hair cut this. if it was safe. safe. if . welcome back with me for tonight's big picture politics panel our sam sax and ben cohen guys let's get back to it all right tomorrow is primary day in texas and for the first time in a while democrats actually hav
the deficit because it's not about the deficit it was never about the deficit it's ideological it's about undoing the new deal exactly and do doing any progressive big. till they achieve those ends you'll keep hearing the deficit hawks come up and use that as an excuse for that and yeah hopefully hopefully people will realize now that the deficit stuff is just a nonsense to be good enough to beat them at all right more of tonight's big picture politics panel right after the break. got a code...
152
152
Mar 5, 2014
03/14
by
FOXNEWSW
tv
eye 152
favorite 0
quote 0
at a time when our deficit has been cut in half it allows us to meet op gagbligations of future generations without leaving them a mountain of debt. >> the budget will impact the bottom line for most americans for better and also for worse. the earned income tax credit expands eligibility to ages 20-24 and older workers ages 55 to 66. it is to offset payroll and intomorr income taxes but it will close the loophole that is allow higher income workers to avoid similar. my irs it allows them to save retirement. they back savings up to 15,000 and rolls it into a traditional irs. college care tax breaks which would give 1.71 families an average tax cut. this budget like the previous two are certain to take an uphill battle in congress. tough battle ahead for this one. >>> the time is 10 minutes to the top of the hour almost. an experienced pilot gets a rude awakening from one of the passengers. wait until you hear what his note says. >> a baby brought to tears through a sight on tv. >> who this little one can't stand to look at. >> did you recognize it? >> wait to hear that one. >> can't wait to
at a time when our deficit has been cut in half it allows us to meet op gagbligations of future generations without leaving them a mountain of debt. >> the budget will impact the bottom line for most americans for better and also for worse. the earned income tax credit expands eligibility to ages 20-24 and older workers ages 55 to 66. it is to offset payroll and intomorr income taxes but it will close the loophole that is allow higher income workers to avoid similar. my irs it allows them...
109
109
Mar 2, 2014
03/14
by
CSPAN
tv
eye 109
favorite 0
quote 0
with respect to egypt, i think the report documents objectively and in detail persistent concerns and deficits over the course of the year in the previous government with respect to freedom of association, freedom of abusesy, security force and protections of religious minorities. we are working with the egyptian government in trying to offer engagement and support to offer civilian government and inclusive democracy in egypt. >> go ahead, steve. >> i want to ask about the human rights situation for the palestinians under occupation. issued itsernational own human rights report dedicated to the palestinians where it points to an alarming abuse of force in 2013 that resulted in the deaths of twice in 2011 and 2012 combined. we take very seriously seek information from the government of israel about these, the report on the occupied territories reports human rights violations by hamas in significant amounts and by the palestinian authority. it also notes in the case of israeli authority, documentation of excessive force and restrictions on freedom of expression and freedom of movement. i would j
with respect to egypt, i think the report documents objectively and in detail persistent concerns and deficits over the course of the year in the previous government with respect to freedom of association, freedom of abusesy, security force and protections of religious minorities. we are working with the egyptian government in trying to offer engagement and support to offer civilian government and inclusive democracy in egypt. >> go ahead, steve. >> i want to ask about the human...
33
33
tv
eye 33
favorite 0
quote 0
which we have to some extent but not big enough the third way is to get the trade deficit down which strikes me is the the best. most rational path to go unfortunately there doesn't seem that much interest in that either in policy circles but that's the my view how we get you know aggregate demand back up and hopefully would see wage growth again dean talk to me about this how what about trade how would that work we will start with trade when we have a deficit around five hundred billion that means that money being generated here it's spent overseas trying to mexico wherever it might be not creating demand here so it creates a big hole in the minute how do you feel that the best way to correct the trade deficit is get the dollar down because the dollar is what determines relative prices if the dollar falls by twenty percent other things equal all these foreign goods cost us twenty percent more that means we'll buy domestic goods rather than foreign goods people will hate hearing out there well we've done this before and there is no other way you would just that so the people are payi
which we have to some extent but not big enough the third way is to get the trade deficit down which strikes me is the the best. most rational path to go unfortunately there doesn't seem that much interest in that either in policy circles but that's the my view how we get you know aggregate demand back up and hopefully would see wage growth again dean talk to me about this how what about trade how would that work we will start with trade when we have a deficit around five hundred billion that...
199
199
Mar 4, 2014
03/14
by
MSNBCW
tv
eye 199
favorite 0
quote 0
while we've done a lot of deficit reduction, we've done it in the wrong way. we've focused on, i think, inadvertently through congress not being able to pick our policies on short-term measures that came out of the budget, which isn't where the problem is. what we should be doing is trying to replace those savings that came from the sequester that aren't as useful or long-term with more permanent and structural changes to entitlement programs and the tax code. that would be the best to do for the economy. >> let me ask you quickly before we go, because i think there is this growing consensus and you said you think there can be more that is done on that. give us a sense of where you think that can happen. >> well, i think there's different ways you have to look at income inequality, which is how people are making their money and what's happening after the government's involved, so one of the issues we have to look at is how to have more training, more education, more high skilled workers earning higher wages to begin with, so it's not just things like eitc and
while we've done a lot of deficit reduction, we've done it in the wrong way. we've focused on, i think, inadvertently through congress not being able to pick our policies on short-term measures that came out of the budget, which isn't where the problem is. what we should be doing is trying to replace those savings that came from the sequester that aren't as useful or long-term with more permanent and structural changes to entitlement programs and the tax code. that would be the best to do for...
158
158
Mar 6, 2014
03/14
by
KNTV
tv
eye 158
favorite 0
quote 0
we got about a quarter inch adding to the deficit of the drought that we're in but you'll notiig
we got about a quarter inch adding to the deficit of the drought that we're in but you'll notiig
122
122
Mar 4, 2014
03/14
by
KPIX
tv
eye 122
favorite 0
quote 0
we'll make up any more of this rainfall deficit and drought, it has to happen now. good news is, the atmosphere is perfectly set up for more raffle because that ridge of high pressure is blocking the -- rainfall because that ridge of high pressure is block being the rain from hitting mention -- blocking the rain from hitting mexico. we'll have showers overnight. next up is thursday, another low pressure area. it hits us, rainfall. after that the next low is sunday. it will hit us and we'll get rainfall again. it's just a matter of how many storms are out there because they're all heading in our direction. that ridge is gone. the rain will not be as heavy this week. we got it tonight. we'll get it thursday and again sunday. it will be mild and humid and cloudy the next several days. tomorrow we're dry, cloudy and humid, san francisco 62 degrees. we're dry, warm, humid again wednesday, upper 60s, rain on thursday. we get sunshine back friday and saturday, but here comes another rain chance on sunday. so this is a pattern i think everybody can like. like the rain, got
we'll make up any more of this rainfall deficit and drought, it has to happen now. good news is, the atmosphere is perfectly set up for more raffle because that ridge of high pressure is blocking the -- rainfall because that ridge of high pressure is block being the rain from hitting mention -- blocking the rain from hitting mexico. we'll have showers overnight. next up is thursday, another low pressure area. it hits us, rainfall. after that the next low is sunday. it will hit us and we'll get...
99
99
Mar 6, 2014
03/14
by
CSPAN
tv
eye 99
favorite 0
quote 0
deficit,ore debt, more and more taxes. it is problematic. it did not solve anything. host: on the areas where you say there is common ground, do you think it get done before the 2014 election? guest: we already have a budget agreement that is the reality. host: the current income tax credit, the transportation. guest: we have a two-year highway bill in place right now. in the political dysfunction congress, the house transportation committee was able to pass a two-year highway bill. extension forfaa our airports. will continue. the good thing about transportation infrastructure, it is generally bipartisan. every congressman and senator has roads, bridges, harbors in their states. i believe we are going to continue to work on those things. host: the house armed services committee hearing from general dempsey today about the military's budget. what do you make of what the president post -- of what the president proposed? guest: i am nervous. it is a flat line. there is modest reduction and it does not grow. the budget wasat really designed around what the are.nal securi
deficit,ore debt, more and more taxes. it is problematic. it did not solve anything. host: on the areas where you say there is common ground, do you think it get done before the 2014 election? guest: we already have a budget agreement that is the reality. host: the current income tax credit, the transportation. guest: we have a two-year highway bill in place right now. in the political dysfunction congress, the house transportation committee was able to pass a two-year highway bill. extension...
87
87
Mar 6, 2014
03/14
by
CSPAN2
tv
eye 87
favorite 0
quote 0
let's consider the deficit reduction that has occurred since the high deficit watermark achieved in the school year 2009. from the deficit of over $1.4 trillion in net year the deficit fell to a still high $680 billion in fiscal year 2013. of the $736 billion in deficit reduction, $670 billion came from increased revenue and only $66 million came from reduced outlays so in terms of budget realizations rather than promises for the future less than 9% of the deficit reduction between 2009 and 2013 came from reductions in spending. the vast majority came from increased revenue yet remarkably in the face of that history the administration's insatiable desire for higher taxes leads it to propose more tax hikes along with even more spending. put simply the tax hikes envisioned in the president's budget are not what our struggling economy needs. unfortunately while having pledged to focus like a laser on jobs this administration decided over the last five years to focus on expanding government with a failed stimulus, the affordable care act and initiatives like the dodd-frank act that is growi
let's consider the deficit reduction that has occurred since the high deficit watermark achieved in the school year 2009. from the deficit of over $1.4 trillion in net year the deficit fell to a still high $680 billion in fiscal year 2013. of the $736 billion in deficit reduction, $670 billion came from increased revenue and only $66 million came from reduced outlays so in terms of budget realizations rather than promises for the future less than 9% of the deficit reduction between 2009 and...
97
97
Feb 27, 2014
02/14
by
FBC
tv
eye 97
favorite 0
quote 0
i know the deficits are coming down. maybe there is a reassuring notion that itiles up on the presidt's precipitously to say it will be $3 trillion less than rates shot but it will sll be neck-and-neck $8 trillion more. th is hoodwinking people. >> i did not go that far. neil: someone tells you it will fall $3 trillion don't you think it will fall? >> yes. neil: but go up 11 now goes up 8 trillion that is what you meant >> you rarely hear a politician who was from this policy standpot eaking to the same way you would hear an economist or someone in the financial industry. neil: if you say you cut something then you better be cutting it not jt saying that cut is off their rates of growth. that is disingenuous. >> the budget will be a huge issue. neil: no dbt. >> it will be something we have seen although it is not muchf an issue during 2014. neil: if that's the case then doesn't that reinforc the argument of little impetus? that we kn for both parties is a ticking time bomb? >> this focus in particular they do a lot of te
i know the deficits are coming down. maybe there is a reassuring notion that itiles up on the presidt's precipitously to say it will be $3 trillion less than rates shot but it will sll be neck-and-neck $8 trillion more. th is hoodwinking people. >> i did not go that far. neil: someone tells you it will fall $3 trillion don't you think it will fall? >> yes. neil: but go up 11 now goes up 8 trillion that is what you meant >> you rarely hear a politician who was from this policy...
141
141
Mar 2, 2014
03/14
by
KTVU
tv
eye 141
favorite 0
quote 0
we're talking about the deficits at the end of the -- >> i am talking about the deficits. the deficits go up. >> we'll submit a budget in a couple days. >> what were you going to say senator portman? >> no, chris, look, we clearly have a growing debt problem. this is the most predictable crisis in the country. the president refuses to deal it with. if you look at his budget last year, it barely had deficit reduction relative to what would happen otherwise. in other words, there was a slight decrease in the deficit. you would hope there would be a significant one. but the only reason there was was because there was a provision in there about a more accurate measure of inflation under the cpi and social security. we now hear that he's actually going to take that out of the budget at a time when social security has a $63 billion short fall every year at a time again when we were told by this nonpartisan congressional budgets office things are getting worse not better. if he takes that out as he's going to do based on the leaks because it's a partisan political year, he's not
we're talking about the deficits at the end of the -- >> i am talking about the deficits. the deficits go up. >> we'll submit a budget in a couple days. >> what were you going to say senator portman? >> no, chris, look, we clearly have a growing debt problem. this is the most predictable crisis in the country. the president refuses to deal it with. if you look at his budget last year, it barely had deficit reduction relative to what would happen otherwise. in other...
97
97
Mar 5, 2014
03/14
by
KCSM
tv
eye 97
favorite 0
quote 0
the plan would still projected deficit of five hundred and sixty four billion dollars in twenty fifteen three point one percent of the nation's great domestic product that's down eighty five pm from the sea and our budget. it's about chores. it's about our values. as a country we gotta make a decision of former protect tax breaks for the wealthiest americans or four to make smart investments necessary to create jobs and grow our economy. and expand opportunity for every american. the white house chose to announce the budget tax and local elementary school because the green printing phased increase spending on early childhood education republican lawmakers have indicated that they would go all such proposals in the house of representatives which they come to be controlled. they accuse the white house and using the twenty fifteen bond up and it's a cold it's during an election year in ways that fighting to retain control of the u s senate that iran's his cctv washington. and then you want to support brings to our cars this update on cctv news side of the snow. for the night like you are g
the plan would still projected deficit of five hundred and sixty four billion dollars in twenty fifteen three point one percent of the nation's great domestic product that's down eighty five pm from the sea and our budget. it's about chores. it's about our values. as a country we gotta make a decision of former protect tax breaks for the wealthiest americans or four to make smart investments necessary to create jobs and grow our economy. and expand opportunity for every american. the white...
88
88
Mar 5, 2014
03/14
by
CSPAN
tv
eye 88
favorite 0
quote 0
and as a result, the deficit would be better with deficit reduction which is what we are showing in our budget than if you did not have deficit reduction which is what a budget baseline would show. there is some other technical differences between our out your forecasts that are mostly on the revenue side come and not on the spending side. aca is the law of the land. >> do any of the discussions about tax revisions vary from current law? maybe certain expired tax revisions? >> obviously, we have a set of proposals in their. one of the places that is in our -- that is assumed in our budget is that in the 2010 and 2012 budgets, the president extended his increases for the refund ability in the child tax credit the increases in the earned income tax credit for families of three children and more and the marriage penalty and one of the president's innovations was that a portion of that was also refundable. in the budget agreement, those were extended for another five years through 2017. we would assume that those are extended permanently. we believe very strongly in that if those were t
and as a result, the deficit would be better with deficit reduction which is what we are showing in our budget than if you did not have deficit reduction which is what a budget baseline would show. there is some other technical differences between our out your forecasts that are mostly on the revenue side come and not on the spending side. aca is the law of the land. >> do any of the discussions about tax revisions vary from current law? maybe certain expired tax revisions? >>...
75
75
Mar 6, 2014
03/14
by
CSPAN2
tv
eye 75
favorite 0
quote 0
the deficits in terms of our infrastructure. thank you for giving me the opportunity. >> thank you for your answer and i wanted my remaining time to change subjects and go to energy we know that the fossil fuel industry has had a pretty good run things. we continue to leverage billions of dollars in subsidies, special limited partnerships only available to energy projects in depreciation rules in the field seems to be permanently tifton favor of fossil fuels while we continue to pay lip service to the need for lean energy and yet the comparatively meager -- are always temporary and we are is fighting for them. in fact we just lost a bunch of tax credits from last year. i want to ask what this budget does to give meaning to our rhetoric about the meaning to give energy a fighting chance. we know we need to get serious about it in this country. >> we see in the presence budget number of investments in terms of renewables in new energy. you see the investments in r&d in different forms throughout throughout the energy budget as wel
the deficits in terms of our infrastructure. thank you for giving me the opportunity. >> thank you for your answer and i wanted my remaining time to change subjects and go to energy we know that the fossil fuel industry has had a pretty good run things. we continue to leverage billions of dollars in subsidies, special limited partnerships only available to energy projects in depreciation rules in the field seems to be permanently tifton favor of fossil fuels while we continue to pay lip...
157
157
Mar 4, 2014
03/14
by
BLOOMBERG
tv
eye 157
favorite 0
quote 0
and results in a very large balance of payments deficit. these have to be fixed. they are fixable. that is the first order of business. >> imf headlines? >> this is from the u.s. treasury, announcing their assistance plans, the $1 billion loan guarantee is planned and they plan to send technical advisers to the ukraine, saying the treasury will be at the center of international aid and the plan will live to the russian tree move. >> would you presume that the imf is speaking with russia? ofis there a lack communication there? >> certainly, they are members and are represented at the executive board my and executive director. i am sure that there is communication. but the important point here is the technical analysis of what is needed to put ukrainian economic policy in a sustainable and positive mode. then to arrange the financing necessary to make the implementation practical. you so much.k greatly appreciate that from our washington news bureau this morning. really talking about the clamps that have to be placed down in the process. >> w
and results in a very large balance of payments deficit. these have to be fixed. they are fixable. that is the first order of business. >> imf headlines? >> this is from the u.s. treasury, announcing their assistance plans, the $1 billion loan guarantee is planned and they plan to send technical advisers to the ukraine, saying the treasury will be at the center of international aid and the plan will live to the russian tree move. >> would you presume that the imf is speaking...
224
224
Mar 5, 2014
03/14
by
MSNBCW
tv
eye 224
favorite 0
quote 0
the farm bill, one of the things that did that get talked about was the significance reduction in the deficit that comes from passing the farm bill. and i wish we could do immigration because there is another $58 billion to be saved it if we were to pass the immigration bill. so all of these bills are not just bills to deal with an apparent problem, but also have tremendous positive impact on our economy and senator reid is correct, if he could get that money, we've already passed the farm bill, so that money is there and it could be used to offset whatever the costs would be to unemployment. though i don't believe you ought to do that. this is an emergency. you ought to treat it as an emergency and not worry about finding a way to pay for it at this particular jupncture. >> dent partment of health and human services has told americans if they like their health insurance, they can keep it another two years. affordable care act compliance is being changed, be extended. doesn't this cut to the spirit of the what you and break it dolaw and break it down is this one rope we passed health care is
the farm bill, one of the things that did that get talked about was the significance reduction in the deficit that comes from passing the farm bill. and i wish we could do immigration because there is another $58 billion to be saved it if we were to pass the immigration bill. so all of these bills are not just bills to deal with an apparent problem, but also have tremendous positive impact on our economy and senator reid is correct, if he could get that money, we've already passed the farm...
18
18
tv
eye 18
favorite 0
quote 0
careful to use rhetoric like balanced in there is very careful to talk about the fact that that the deficit as a percentage of the of the national economy would go down by two thousand and twenty four we're in an emergency now and you know i believe in water conservation might that not blame the house on fire i'd like to see and i'd like to see him really talk about our real problems right now and get off the deficit rhetoric altogether talk about rebuilding the economy and again i like to see him give tax breaks to people who are struggling to get by i'd like to see him address the issues that are making so many americans richer it isn't really part of the problem this is a president who believes more in centrist theory of economics then he does progressive theory of economics there's no way we can avoid that there's no way that we can kid ourselves or you know make this notion that this is truly a progressive president he's a reagan i mean the only way i can describe is reagan type democrat and i'm just not saying anything more he still has this thing on the table this thing on the table
careful to use rhetoric like balanced in there is very careful to talk about the fact that that the deficit as a percentage of the of the national economy would go down by two thousand and twenty four we're in an emergency now and you know i believe in water conservation might that not blame the house on fire i'd like to see and i'd like to see him really talk about our real problems right now and get off the deficit rhetoric altogether talk about rebuilding the economy and again i like to see...
115
115
Mar 4, 2014
03/14
by
BLOOMBERG
tv
eye 115
favorite 0
quote 0
at a time where deficit has been cut in half, it allows us to meet our obligations to future generations without leaving them a mountain of debt. >> republicans including john boehner called his budget the most irresponsible yet. they believe this is a campaign move that includes a whole host of issues that democrats like to campaign on on this midterm election year. this budget and the eyes of republicans and some democrats -- they are going to make some big changes. with the president has put the paper will change pretty quickly. >> thank you very much, peter cook. let's move on to media. the big story today was the entertainment network epix is joining the time warner cable family. it will be launched nationally on march 18. joining us to talk about this deal is the president and chief executive of epix, mark greenberg. also with us is jon erlichman. start usonder if you off by explaining what exactly this agreement means. has over 12er cable a half-million homes that they have access to. epix is a premium service similar to hbo or showtime or we have uncut, unedited movies. blockbust
at a time where deficit has been cut in half, it allows us to meet our obligations to future generations without leaving them a mountain of debt. >> republicans including john boehner called his budget the most irresponsible yet. they believe this is a campaign move that includes a whole host of issues that democrats like to campaign on on this midterm election year. this budget and the eyes of republicans and some democrats -- they are going to make some big changes. with the president...
213
213
Mar 5, 2014
03/14
by
FOXNEWSW
tv
eye 213
favorite 0
quote 0
extra spending by definition adds to the deficit. by the way, to be fair here cbo is saying it will be a billion. but excuse me, 18. >> 8 billion. >> and well, the point is, they are claiming to get the money back eventually once obama care begins to pay off. the money that we spend on tarp spending, most of that money was paid back and there are precedents for companies that receive bail outs and paying back that money. it is anybody's guess. and judging on the basis of how obama care has gone so far, i don't think there is a good odd chance that the money will be paid back. president obama's budget that was released yesterday proposes to give hhs, health and human services now a trillions more. >> it is unbelievable. a trillion dollars would have been the entire budget and throw in the defense and everything. trillion shoes the commitment of the administration to all of the programs for the poor. we haven't seen an administration fund this much and spend this much money in the transfer payments is what we call the money with food s
extra spending by definition adds to the deficit. by the way, to be fair here cbo is saying it will be a billion. but excuse me, 18. >> 8 billion. >> and well, the point is, they are claiming to get the money back eventually once obama care begins to pay off. the money that we spend on tarp spending, most of that money was paid back and there are precedents for companies that receive bail outs and paying back that money. it is anybody's guess. and judging on the basis of how obama...
141
141
Mar 1, 2014
03/14
by
ALJAZAM
tv
eye 141
favorite 0
quote 0
many people confuse it with the debt which is what the government borrows to cover the deficit. an economic stock could be right around the corner. more on that coming up. and forget the fish that saved pittsburgh. we're going to tell you about the hockey arena that could save detroit. that and more as "real money" continues. >> the strength of the u.s. economy but the over all picture remains cloudy in part because of the weather. the biggest news was the revision to gross domestic product for the final three months of 2013. we'll learn more about that in a moment. but first, the contracts to buy homes edged up but less than economists expected, and is near a two-year low. as we reported the housing market has been hurt by this year's severe winter. we also learned that consumer sentiment rose slightly in february despite frigid temperatures and weak job growth in december and january. let's now talk about gdp. we learned that gdp slowed more than first thought after an impressive 4.1% gain in the third quarter. the revision to fourth quarter gdp raises new questions about the
many people confuse it with the debt which is what the government borrows to cover the deficit. an economic stock could be right around the corner. more on that coming up. and forget the fish that saved pittsburgh. we're going to tell you about the hockey arena that could save detroit. that and more as "real money" continues. >> the strength of the u.s. economy but the over all picture remains cloudy in part because of the weather. the biggest news was the revision to gross...
104
104
Mar 5, 2014
03/14
by
BLOOMBERG
tv
eye 104
favorite 0
quote 0
or manufactured goods, that demand is not growing as fast as it was when trade deficits were expanding. the markets are going to find the environment stuff. what is the concern china or deflation? >> i don't think there will be deflation and i think we will see a long time of low growth. i don't think inflation will be a problem. of alarm also it's bells and i like to put the word demand in front of deflation. and thatalling wages means following command and a negative spiral. it is not just falling prices. is lots of sectors. you see groups and things like that. falling realu have wages that that is the problem. the cycle that japan went through and if you do not touch it at the right time, it is difficult to turn around. are we in a scenario like that? deflation and the specter of it hanging over us unless handled correctly. >> one of the characteristics of japan that contributed to the slow growth was a rapidly-aging population and people having a lower propensity to consume. that changed the balance of growth in the economy. there are european economies that have rapidly aging popu
or manufactured goods, that demand is not growing as fast as it was when trade deficits were expanding. the markets are going to find the environment stuff. what is the concern china or deflation? >> i don't think there will be deflation and i think we will see a long time of low growth. i don't think inflation will be a problem. of alarm also it's bells and i like to put the word demand in front of deflation. and thatalling wages means following command and a negative spiral. it is not...